Cape Coral-Fort Myers, FL

Tracey Velt's Market Report

Cape Coral-Fort Myers, FL

Single-Family Homes

HW Wire | Editorial Director | tracey@hwmedia.com | 407-716-0498

Fri May 09 2025
This week the median list price for Cape Coral-Fort Myers, FL is $499,500 with the market action index hovering around 29. This is an increase over last month's market action index of 28. Inventory has held steady at or around 9,506. Click here to stay informed with the Cape Coral-Fort Myers market!

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Median List Price		$499,500
Median Price of New Listings		$468,798
Per Square Foot		$267
Average Days on Market		144
Median Days on Market		98
Price Decreased		53%
Price Increased		1%
Relisted		8%
Inventory		9,506
Median Rent
Market Action		29
Slight Buyer's Advantage

Each segment below represents approximately 25% of the market ordered by price.

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$1,200,000	2,550	0.25 - 0.5 acre	3	3	22	82	94	98
$615,000	2,032	0.25 - 0.5 acre	3	2	21	89	135	98
$424,000	1,798	0.25 - 0.5 acre	3	2	16	105	161	91
$325,000	1,479	0.25 - 0.5 acre	3	2	19	112	195	84

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$1,200,000	2,550	0.25 - 0.5 acre	3	3	22	82	94	98
$615,000	2,032	0.25 - 0.5 acre	3	2	21	89	135	98
$424,000	1,798	0.25 - 0.5 acre	3	2	16	105	161	91
$325,000	1,479	0.25 - 0.5 acre	3	2	19	112	195	84

Median Price	Top $1,200,000	Upper $615,000	Lower $424,000	Bottom $325,000
Sq. Ft.	2,550	2,032	1,798	1,479
Lot Size	0.25 - 0.5 acre	0.25 - 0.5 acre	0.25 - 0.5 acre	0.25 - 0.5 acre
Beds	3	3	3	3
Baths	3	2	2	2
Age	22	21	16	19
New	82	89	105	112
Absorbed	94	135	161	195
DOM	98	98	91	84

Tracey Velt's Market Report